which of the following provides security for datagram-based applications by allowing them a communication method designed to prevent eavesdropping, tampering, and message forgery?

Answers

Answer 1

DTLS Datagram Transport Layer Security provides security for datagram-based applications by allowing them a communication method designed to prevent eavesdropping, tampering, and message forgery

Datagram Transport Layer Security (DTLS) is a communications protocol that offers security to applications that use datagrams by enabling them to communicate in a way that guards against message forging, manipulation, and eavesdropping. Based on the stream-oriented Transport Layer Security (TLS) protocol, the DTLS protocol aims to offer comparable security assurances.

The DTLS protocol datagram preserves the semantics of the underlying transport; however, because it uses UDP or SCTP, the application must deal with packet reordering, datagram loss, and data that is larger than the size of a datagram network packet. As a result, the application does not experience the delays associated with stream protocols. When used to create a VPN tunnel, DTLS avoids the "TCP meltdown problem" by using UDP or SCTP instead of TCP.

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Related Questions

Which of the following products or services is not subject to network effects?
a. Banking services
b. Snack chip manufacturing
c. Video game consoles
d. Social networks
e. Cell phone services

Answers

The product or service that is not subject to network effects is b. Snack chip manufacturing.

What products are affected by network effects?

The products or services that will be affected by network effects such as slower networks, are all the services and products that use networks to work. Banks use networks to provide services, video game consoles need network for online play, and social networks need networks to be connected to.

Cell phone services are entirely offered over networks. Snack chip manufacturing on the other hand can be done without the need for networks.

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sodexo, a leading food and facilities management services company in north america, deals primarily in the areas of serving

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Sodexo, a leading food and facilities management services company in North America, deals primarily in the areas of serving corporate facilities management services.

What is Sodexo?

Sodexo is company based in North America serving 100 million customers per day in 53 countries by means of special food cuisine, facilities management, employee benefits, and personal home services.

Some of the major services provided by Sodexo are Corporate facilities management services, Food delivering at work & business catering, employee and guest services such as visitor and concierge services, digital transformation services for corporate, social responsibilities services.

Thus  Sodexo group is a leading service provider in food and facilities management services company in North America.

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antonio supervises six graphic designers. if he intends to fill a senior graphic designer position with one of these six people, he will use to identify his job candidates.

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Antonio supervises six graphic designers. If he intends to fill a senior graphic designer position with one of these six people, he will use Internal recruiting to identify his job candidates.

Graphic design is a profession, academic discipline, and applied art in which visual communications are projected in order to transmit specific messages to social groups with specific goals. Graphic design is an interdisciplinary design and fine arts field.

Its practise entails using manual or digital tools to express creativity, innovation, and lateral thinking, where text and graphics are commonly used to communicate visually. The graphic designer's role in the communication process is that of message encoder or interpreter.

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Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. The Journal entry will be debit : cash for 86,400 and credit : notes payable for 86,400.

The transactions pertaining to adjustment entries, opening stock, depreciation, accounting mistakes, etc. are documented in a general journal, which is a daybook or subsidiary journal. General journal entries may have invoices, copies of management reports, and journal vouchers as their source materials.

Prime entry books, also known as books of original entry, are journals because transactions were first recorded in a journal before being physically posted to accounts in the main ledger or a subsidiary ledger. It is the process of recording double entry bookkeeping transactions by debiting one or more accounts and crediting one or more other accounts with the same sum of money.

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data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile , and the share earned by the bottom quintile

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Rose; Fell, A statistical measurement of how many people earn or receive different amounts of income, the distribution of income is just that.

What has changed in the United States' income distribution during the 1970s?

Since the middle of the 1970s, income inequality has gotten progressively worse to the point where 90 percent of the population hasn't really experienced much income growth in real terms for the past 45 years, whereas those at the top of the distribution have experienced much, much faster income growth.

How has the distribution of income changed in the US?

In other words, the top of the income distribution earned 13.53 times as much as the bottom, a rise of 4.9% from 2020. Additionally, the gap between the middle and bottom of the income distribution grew, going from 4.34 in 2020 to 4.52 in 2021, an increase of 4.0%.

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The complete question is:

Data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile ______ , and the share earned by the bottom quintile _______

discuss the benefits that a strong executive provides to a republican government

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The President appoints the heads of all Federal agencies, including the Cabinet, with the duty of carrying out and upholding the laws passed by Congress. A member of the Executive Branch who is prepared to take over as President if necessary is the Vice President.

What advantages can a strong presidency bring to the Federal Republic?

For there to be a good government, there must be a powerful executive. It defends against foreign invasions, is necessary for the enforcement of the law, aids in the preservation of private property, and ensures freedom.

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if the value of goods and services that australia purchases from the united states are less than the value of goods and services that the united states purchases from australia, then the united states has

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With Australia, there are both negative net exports and a trade imbalance.

What is goods and services?

An economic system's output is goods and services. Services are acts performed for the benefit of the recipients, whereas goods are tangible products made available to customers. Among the products are clothing, homes goods, and automobiles. Services include things like consulting, cleaning, and legal advice. Production at a company might be anywhere between these two concepts. For instance, a landscaping company may give a homeowner a tree (a good) and also take care of the yard (a service).

A physical object that buyers want or own is a good. Customers want services even when they are not tangible, physical objects. Frequently, a service may be provided remotely as well. What individuals consume and pay for is generally referred to as "goods" and "services."

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Monopolistic competition differs from perfect competition because in monopolistically competitive markets.

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While perfect competition occurs when buyers and sellers are numerous, knowledgeable about the market, and sell homogeneous goods, monopolistic competition is a sort of imperfect competition in which a large number of sellers provide differentiated products that are not perfect replacements.

What is a monopoly?

A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. A market arrangement known as a monopoly has just one seller or producer. A monopoly restricts the number of product alternatives accessible and makes it difficult for rivals to enter the market. Monopolies may result in dishonest business practises. A monopoly has three key characteristics, which are: several buyers and a single vendor. No product that comes close to it. Strong obstacles to new enterprises' entry.

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assume you purchased a $1000 convertible corporate bond. also assume the bond can be converted to 18.5 shares of the firm's stock. what is the dollar value the stock must reach before investors would consider converting to a common stock.

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Dollar Value of the Stock: 54.054

Working Note: 1000/18.5 = 54.054

What are corporate convertible bonds?

An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a predetermined number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option.

What drives businesses to employ convertible bonds?

Convertible bonds are a cost-effective solution for the corporation to raise capital because they have lower interest rates than comparable conventional bonds. The corporation also saves money by converting them into shares, albeit there is a chance that the share price will be diluted.

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identify each scenario as a result of ecological overshoot, or not.

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Results of ecological overshoot may also consist of depletion of freshwater systems, collapsing fisheries in the oceans, and gentrification in urban neighborhoods. +human needs on nature exceed the planet's ability to provide.

What is Global Ecological Overshoot?

Ecological overshoot is measured using ecological footprint analysis, which assesses humanity's complete demand on nature's offerings over a one-year duration compared to the functionality of biologically productive land and sea areas to meet that demand.

Today, most countries, and the world as a whole, are in ecological overshoot. Over 85% of the world population lives in nations running with an ecological overshoot.

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paper money in the united states is circulating debt of the and has no intrinsic value.

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Paper cash, in contrast to product cash, has no or very little natural worth. Therefore, paper cash is government issued currency. Consequently, the right response is government-issued currency.

What is government-issued currency?

Cash that isn't supported by a ware, like gold or silver, is known as government-issued currency. It is typically assigned as legitimate cash by the responsible government. Neighborhood banks and different associations have once in a while delivered government-issued currency since the beginning of time. Government-issued currency is in many cases allowed under unofficial law in contemporary times.

Government-issued currency, as a rule, has no inherent worth and no utility worth. It just has esteem because individuals who use it as a unit of record - or, on account of money, a vehicle of trade - settle on its worth.

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if the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in prices and output in the short run. a) lower;lower b) higher;higher; c) lower; higher; d) higher; lower

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If the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in higher prices and lower output in the short run (D).

Aggregate Supply is the total output of products produced within an aconomy at a given price in a giver time period. Aggregate suspply curve represents the relationship between price levels and the quantity of output that firms are willing to produce.

In the short-run, aggregate supply responds to the fluctuation of demands by changing the use of current inputs in the production process. In the short-run, the level of capital is fixed and a company cannot generate new working capital to increase the production efficiency.

When union aggressively pushes the wages up, this will put firms in difficult position because they have to allocate more costs to direct labors and wages expenses. Because the limitation of working capital, the only way out for those firms are to increase their product's prices and lower their production output.

This condition will shifted the Short-run aggregate supply curve and resulted in higher prices and lower output in the short-run.

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year investment cash inflow 1 $ 58,000 $ 4,000 2 $ 8,000 $ 8,000 3 $ 11,000 4 $ 14,000 5 $ 17,000 6 $ 15,000 7 $ 13,000 8 $ 11,000 9 $ 10,000 10 $ 10,000

Answers

In 5.8 yeas, the invested amount is recovered.  

Any inflows or outflows of cash from a company's long-term investments are included in cash flow from investing activities. The cash flow statement shows how much cash and cash equivalents are coming into and going out of a business.

If the cash inflow in the previous year had been several times as large, the payback period would not be impacted.

Calculation:

In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:

In year 0 = $58,000 + $8,000 = $66,000

In year 1 = $4,000

In year 2 = $8,000

In year 3 = $11,000

In year 4 = $14,000

In year 5 = $17,000

In year 6 = $15,000

If we sum the first 5 year cash inflows than it would be $54,000

Now we deduct the $54,000 from the $66,000 , so the amount would be $12,000 as if we added the sixth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $`15,000

So, the payback period equal to

= 5 years + $12,000 ÷ $15,000

= 5.8 yeas

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suppose that the marginal cost of mining gold is constant at $300 per ounce and the demand schedule is as follows:

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Supposing that the marginal cost of mining gold is constant at $300 per ounce and the demand schedule is as follows:

The price would be $300 and quantity would be 8000 ozThe price would be $700 and quantity would be 4000 ozThe price would be $700 and quantity would be 2000 oz eachThe revenues of both firm would : increase ( for the firm that increase production ) and decrease ( for the firm that doesn't increase production)

Demand is a principle of economics that captures the consumer's desire to buy the product or service. The demand is calculated as the price the consumers are willing to pay for the product or service.

Now the reason behind the answer can be explained by following-

marginal cost = $300 calculating the value of TR ( total revenue for each price and quantity given )

TR = price * quantity also calculate the MR ( marginal revenue for each )

MR = For the first value : TR = $1000000 , MR = nil

For the second value : TR = $1800000 , MR = $800

For the third value : TR = $2400000. MR = $600

For the fourth value : TR = $2800000 , MR = $400

For the fifth value:  TR = $3000000 , MR = $200

For the sixth value : TR = $3000000, MR = $0

For the seventh value : TR = $2800000, MR = -$200

For the eighth value : TR = $2400000, MR = -$400

a)The price would be $300 and quantity would be 8000 oz because from the table above that is the point with highest  quantity supplied

b) The price would be $700 and quantity would be 4000 oz because the single supplier would put the price and quantity to be supplied at the point where marginal cost is closest to the marginal revenue

d) The revenues of both firm would : increase ( for the firm that increase production ) and decrease ( for the firm that doesn't increase production) this is because increase in production is directly proportional to increase in revenue .

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if a change in price barely effects demand, that means the demand is _______.

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if a change in price barely affects demand, that means the demand is Inelastic

What is Inelastic demand?

Generally, The degree to which the amount required is affected by changes in the price of an item is referred to as its price elasticity of demand.

When the price of practically any product goes up, the amount of that good that people want to buy goes down, however, the degree to which it drops varies depending on the commodity.

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An increase in the wage rate will A. shift the labor supply curve to the right. B. shift the labor supply curve to the left. C. cause an upward movement along the labor supply curve. D. cause a downward movement along the labor supply curve. E. have no effect on the quantity of labor supplied.

Answers

There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

What will increase labor wages effect ?

Inflation is brought on by wage increases since doing business becomes more expensive as wages rise.

Companies must raise their prices for their products and services to offset the cost increase and keep their profitability at the same level.

The quantity of work required will alter in response to changes in pay or salary. Employers will want to hire fewer workers if the pay rate rises.

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companies must have a carefully constructed inventory policy in order to

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Companies must have a carefully constructed inventory policy in order to manage available funds and maximize profitability.

What is an inventory policy?

An inventory policy is an integral part of inventory management which helps manage stock flow in a better manner.

A very effective inventory policy is a good theoretical objective but at a practical level, it becomes difficult to achieve because the senior management’s views differs concerning the role of inventory and the knowledge and skills of supply chain and logistics professionals to structure a decision making process for an inventory policy.

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current attempt in progress pharoah company ltd. publishes a monthly sports magazine, fishing preview. subscriptions to the magazine cost $15 per year. during november 2022, pharoah sells 14,000 subscriptions for cash, beginning with the december issue. pharoah prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. the company uses the accounts unearned subscription revenue and subscription revenue. the company has a december 31 year-end. prepare a tabular summary to record the following events. (a) receipt of the subscriptions in november. (b) adjustment at december 31, 2022, to record subscription revenue in december 2022.

Answers

Fishing Previe is a monthly sports magazine published by Faro Company Limited. Subscriptions to the magazine cost 15 per year in November 2022, and starting with the December edition,[tex]14,000[/tex] subscriptions will be sold for cash record .

At the conclusion of each quarter, Pharo prepares its financial accounts and records subscription revenue. The business uses accounts for earned and unearned subscription money. The business has a December 31st year and gets ready to receive subscriptions in November. So, we do. Date account names, an explanation, debit, and credit are the columns in this table. The year is 2022 point, and our date is November 30th because we're instructed that we're preparing the entry at the end of November. This is where we gave that up. The account's name and a justification. The first item is cash, which will be divided into[tex]210000[/tex] dollars by multiplying the cash account by 15 or 15 times the [tex]14,000[/tex] point, to get 93300 points. The next item is unearned subscription revenue, which is accredited at [tex]210000[/tex]dollars. Again, to record cash receipts, this was calculated by multiplying 15 by [tex]14,000[/tex]

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Fishing Previe is a monthly sports magazine published by Faro Company Limited. Subscriptions to the magazine cost 15 per year in November 2022, and starting with the December edition[tex]14000[/tex], subscriptions will be sold for cash record .

At the conclusion of each quarter, Pharo prepares its financial accounts and records subscription revenue. The business uses accounts for earned and unearned subscription money. The business has a December 31st year and gets ready to receive subscriptions in November. So, we do. Date account names, an explanation, debit, and credit are the columns in this table. The year is 2022 point, and our date is November 30th because we're instructed that we're preparing the entry at the end of November. This is where we gave that up. The account's name and a justification. The first item is cash, which will be divided into[tex]210000[/tex] dollars by multiplying the cash account by 15 or 15 times the [tex]14000[/tex] point, to get 93300 points. The next item is unearned subscription revenue, which is accredited at [tex]210000[/tex] dollars. Again, to record cash receipts, this was calculated by multiplying 15 by [tex]14000[/tex]

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a 55 year old recently received a $30 000 distribution

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A 55 year historic lately received a $30,000 distribution from a preceding employer's 401k plan, minus $6,000 withholding.

Which tax would an IRA participant be subjected to on distributions?

IRAs: An IRA distribution paid to you is situation to 10% withholding except you choose out of withholding or pick to have a specific quantity withheld. You can keep away from withholding taxes if you pick out to do a trustee-to-trustee switch to some other IRA.

Do I have to record my IRA distributions on my tax return?

Regardless of your age, you will want to file a Form 1040 and show the quantity of the IRA withdrawal. Since you took the withdrawal earlier than you reached age 59 1/2, unless you met one of the exceptions, you will need to pay an additional 10% tax on early distributions on your Form 1040.

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the exclusion amount for a purchased fixed-term annuity can be calculated by dividing the cost of the annuity by the total number of payments.
a. true
b.false

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True, the cost of the annuity can be divided by the total number of payments to determine the exclusion amount for a purchased fixed-term annuity.

The statement is true.

What amount is paid out by a fixed annuity?

Annuities provided an average return of between 3% and 4% at the time this article was written. This means that starting with the year you purchased the annuity, the annuity provider would compound interest on your annuity at a rate of, say, 3% annually.

A wise investment, fixed-term annuities?

For those looking for low risk, lifetime income, and premium protection, fixed annuities make good investments. Another drawback for some may be that a fixed annuity does not provide any inflation protection.

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A high-fashion brand is launching a new line of clothing targeting style-conscious preteens. Their mission is to become the most-recognized, bestselling brand for this demographic. Which of the following strategic objectives is most appropriate and realistic for their new venture? Select one.
Question options:
Improve quality control measures at the corporate level
Devise a focused social media marketing strategy
Collaborate with big-box stores for merchandising
Increase shareholder value by 10% in the first quarter

Answers

Devise a focused social media marketing strategy. (Option B)

What is mean by social media marketing?

Utilizing social media sites to market your brand and increase sales of your goods or services is known as social media marketing. Social media marketing is when a new product is released by your company and you intend to publicize the launch on social media.

What does "marketing strategy" mean?

A marketing strategy is a long-term plan for attaining a company's objectives through comprehending client needs and forging an identifiable and long-lasting competitive advantage. It includes everything, from defining who your target audience is to selecting the methods you will use to communicate with them.

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the manager of the bank where you work tells you that your bank has $10 million in excess reserves. she also tells you that the bank has $500 million in deposits and $455 million in loans. given this information you find that the reserve requirement must be

Answers

The reserve ratio requirement must be 7%

Reserves= deposits-loans
              = 500-455
             = 45 million
Required reserve= reserve- excess reserve
                           = 45-10
                           = 35 million

Required reserve ratio= required reserve/deposits
                                     = 35/500
                                     = 0.07
                                     = 7%

Required reserve ratio-
A required reserve ratio is the percentage of deposits that a bank is required by regulators to hold in reserves and not lend out. If the required reserve ratio is one to ten, a bank must keep $0.10 of every dollar in reserves but can lend out $0.90 of every dollar.

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if all of the government’s debt were internal, would financing that debt make the nation poorer?

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if all of the government’s debt were internal, would financing that debt makes the nation poorer is a false statement.

What is debt?

Debt may be defined as the sum that the borrower owes the bank. A debt is an amount of money that has been received for a specified time frame and must be repaid, plus interest.

External existing debt results in equalization; the process does not make a country poorer. The debt will in time need to be equalized as some point of time in time. The debtor's creditworthiness affects both the debt's size and its acceptance.

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When the bookkeeper or accountant has a choice between two acceptable alternatives, they should choose the one that will report less profit, less asset amount, or a greater liability amount. This is based upon which assumption/principle?

Answers

When the bookkeeper or accountant has a choice between two acceptable alternatives, they should choose the one that will report less profit, less asset amount, or a greater liability amount. This is based upon Conservatism principle.

A person who does accounting or accountancy is called an accountant. Accountants may use titles like "Chartered Accountant," "Certified Public Accountant," or "Registered Public Accountant" after passing certification tests offered by respective professional organizations.

These experts may be held accountable for professional wrongdoing and are given specific duties by legislation, such as the authority to certify an organization's financial accounts. Non-qualified accountants have no legal rights or duties and are free to operate independently or in the employ of a competent accountant. An accountant may work for a company that regularly needs accounting services or they may be a member of an accounting firm that offers accounting consulting services to other companies.

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vango, inc. bought a new delivery van during the year. which of these costs should be expensed as ordinary repairs and maintenance? (check all that apply.)

Answers

As Vango, inc. bought a new delivery van during the year, the costs that should be expensed as ordinary repairs and maintenance includes:

B. $900 for cleaning the van during the year.D. $100 oil change on van.

What are ordinary repairs and maintenance?

In a company, an ordinary repairs and maintenance refers to those activities that owners or users of fixed assets are obliged to undertake periodically in order to be able to utilize such assets over their expected service lives.

These are the current costs that cannot be avoided if the fixed assets are to continue to be used. But, the owner or user of these assets cannot afford to neglect maintenance and repairs as the expected service life may be drastically shortened otherwise.

A maintenance and repairs cost do not change the fixed asset or its performance, but simply maintain it in good working order or restore it to its previous condition in the event of a breakdown.

Missing options " - $40,000 cost of the van - $900 for cleaning the van during the year - $2,000 paid to install shelves inside the van - $100 oil change on van"

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state insurance regulators conduct claim audits to ensure

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State insurance regulators conduct claim audits to ensure fair claim settlement practices which is therefore denoted as option B.

What is Claim audit?

This is done by a claim auditor who works in an insurance company and is responsible for determining if the services or items claimed for payment were the same as what the beneficiary received during reimbursement.

This is usually done by analyzing various aspects of the claims submitted by policyholders so as to ensure that the right amount is paid on other to prevent any form of injustice to the parties involved.

State insurance regulators are also involved in the conduct claim audits to ensure fair claim settlement practices as this helps to prevent any form of issues and sanctions by the regulating body.

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The options are:

A. Fair and appropriate pricing.

B. Fair claim settlement practices.

C. Equal workloads of claim representatives.

D. Compliance with reinsurance treaties.

FITB campaigns will sometimes hire actors who pretend to be concerned citizens at corporate or government meetings where they present false testimonials.

Answers

This claim is untrue. Sometimes, astroturfing campaigns will use actors to offer fabricated testimonies at business or governmental meetings while they pose as concerned individuals.

What is an astroturf campaign?

Astroturfing is the use of phony grassroots efforts to alter public opinion. These campaigns are frequently funded by businesses and governments.In essence, "false grassroots" movements are what astroturfing is. It is a planned effort intended to elicit widespread support for a cause, concept, movement, product, etc. Its name comes from the kind of artificial turf known as Astroturf, which is frequently used in sporting events in place of actual grass.

What separates lobbying on AstroTurf from grassroots lobbying?

True grassroots activity often tends to be resource-rich but cash-poor, in contrast to astroturf operations, which are frequently people-poor but cash-rich. The lobbyists in charge of this activism often work for non-governmental groups and political PR agencies.

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TRUE/FALSE. evidence is used to a decision whenever the decision process combines hard, objective facts with qualitative inputs

Answers

When a decision-making process mixes hard, objective facts with qualitative inputs, it uses TRUE evidence.

What function does evidence have in making decisions?

Making better decisions and guiding actions that have the desired effect are the goals of evidence-based practice. The finest available evidence and critical thinking are the foundations of an evidence-based approach to decision-making.

What is decision-making supported by facts?

Fact-based decision making is a disciplined process that calls for careful consideration before processes and procedures are evaluated in order to gather the right data and then have unbiased, nonjudgmental analysis to extract those facts that are crucial for making decisions and predicting the future.

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FILL IN THE BLANK. bond market values are expressed as a percentage of their par (face) value. for example, a company's bonds might be trading at 103, which means that they can be bought or sold for___of their par value.

Answers

Bond market values are expressed as a percentage of their par (face) value. for example, a company's bonds might be trading at 103, which means that they can be bought or sold for 103% of their par value.

In a bond, the issuer owes the bond holder money and is required under the bond's terms to return the bond's capital and income within a specified period of time until the bond matures.

The borrower can receive external liquidity through the sale of the bond in order to finance long-term investments or, in the case of government bonds, to cover urgent costs. Bondholders have the interest of creditors, whereas shareholders have an equity stake in a firm, even though both stocks and bonds are regarded as securities.

The above question is incomplete, the complete question is-

Bond market values are expressed as a percentage of their par (face) value. For example, a company's bonds might be trading at 103, which means that they can be bought or sold for ____ of their par value.

Multiple choice question.

103%

100.3%

10.3%

0.103%

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in year 1, rick bought a collectible watch for his own use at a cost of $8,000. in year 5, when the fair market value was $12,000, rick gave this watch to his son, chris. no gift tax was due. which of the following correctly states the holding period and the type of asset? holding period type of asset holding period starts year 5 type of asset sec. 1231 holding period starts year 5 type of asset capital asset holding period starts year 1 type of asset capital asset holding period starts year 1 type of asset sec. 1231

Answers

Begins Year 1 | The asset's first year was when Rick bought the watch. Unless specifically excluded under the IRC, all of a taxpayer's possessions are considered capital assets.

What is the IRC's purpose?

The International Rescue Society responds to some of the worst humanitarian emergencies that exist today, such as the conflict in Afghanistan and the crisis in Ukraine. We aid those who have been harmed by conflict and tragedy in regaining their healthcare, safety, education, economic well-being, and power.

The IRC is legitimate, right?

Charity watchdog organizations frequently give the IRC high marks for our effective use of donations and the efficiency of our operations.

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